GERT USEWILS
ActiveGERT USEWILS has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €189k and a net result of €2k. Equity is growing by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 36378 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
86
/ 100
Excellent▼ -5 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability4▼-20
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 16.43 against 27.81 in 2023), and 6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-06-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
43 d early
2023
34 d early
2022
54 d early
2021
53 d early
2020
53 d early
2019
49 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€189k▲ 0.9%
2023 · €187k
2018: €152k
2019: €164k
2020: €182k
2021: €188k
2022: €188k
2023: €187k
2018 → 2024
Total assets
€201k▲ 3.6%
2023 · €194k
2018: €165k
2019: €173k
2020: €190k
2021: €199k
2022: €198k
2023: €194k
2018 → 2024
Net result
€2k▼ 81.5%
2023 · €9k
2018: €18k
2019: €13k
2020: €19k
2021: €7k
2022: €561
2023: €9k
2018 → 2024
Working capital
€187k▲ 4.0%
2023 · €180k
2018: €133k
2019: €151k
2020: €154k
2021: €170k
2022: €175k
2023: €180k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€182k-€188k▲ 3.5%€188k▼ 0.1%€187k▼ 0.4%€189k▲ 0.9%
Operating result€26k-€11k▼ 58.2%€2k▼ 81.8%€14k▲ 579%€546▼ 96.0%
Net result€19k-€7k▼ 61.9%€561▼ 92.2%€9k▲ 1,504%€2k▼ 81.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 96% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €201k
Fixed assets
€2k▼ 72.7%
Current assets
€199k▲ 6.8%
Equity and liabilities €201k
Equity
€189k▲ 0.9%
Debt
€12k▲ 80.7%
The debt ratio rises from 3.5% to 6.0%: debt grows faster than equity.
Key figures and ratios
EBITDA
€6k▼
2023 · €19k
Cash flow
€7k▼
2023 · €15k
Solvency
94.0%▼
2023 · 96.5%
Current ratio
16.43▼
2023 · 27.81
Quick ratio
16.43▼
2023 · 27.81
Debt / equity
0.06▲
2023 · 0.04
ROE
0.9%▼
2023 · 4.8%
ROA
0.8%▼
2023 · 4.6%
Interest coverage
28.13▼
2023 · 112.76
Debt
€12k▲
2023 · €7k
Debt ≤ 1 year
€12k▲
2023 · €7k
Income taxes
€2k▼
2023 · €5k
Staff costs
€19k▲
2023 · €18k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€194k€201k▲
Fixed assets21/28€8k€2k▼
Tangible fixed assets22/27€8k€2k▼
Furniture and vehicles24€8k€2k▼
Current assets29/58€187k€199k▲
Amounts receivable within one year40/41€16k€9k▼
Trade receivables40€15k€5k▼
Other amounts receivable41€1k€4k▲
Current investments50/53€75k€127k▲
Cash at bank and in hand54/58€92k€60k▼
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€194k€201k▲
Equity10/15€187k€189k▲
Contributions10/11€12k€12k=
Reserves13€175k€177k▲
Distributable reserves133€175k€177k▲
Amounts payable17/49€7k€12k▲
Amounts payable within one year42/48€7k€12k▲
Trade debts44€1k€1k▲
Suppliers440/4€1k€1k▲
Taxes, remuneration and social security45€465€6k▲
Taxes450/3-€2k
Remuneration and social security454/9€465€4k▲
Other amounts payable47/48€5k€5k▲
Income statement
Code20232024
Remuneration, social security and pensions62€18k€19k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▼
Other operating charges640/8€1k€1k▼
Gross operating margin9900€38k€26k▼
Operating profit (loss)9901€14k€546▼
Financial income75/76B€312€3k▲
Recurring financial income75€312€3k▲
Financial charges65/66B€170€216▲
Recurring financial charges65€170€216▲
Profit (loss) for the period before taxes9903€14k€4k▼
Income taxes67/77€5k€2k▼
Profit (loss) for the period9904€9k€2k▼
Profit (loss) for the period to be appropriated9905€9k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€2k▼
Transfer from equity791/2€10k-
Transfer to equity691/2€9k€2k▼
To other reserves6921€9k€2k▼
Profit to be distributed694/7€10k-
Return on contributions (dividend)694€10k-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €561 ▼92.2%
Net result drops to €561, the lowest in the series; recovery starts the following year.
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
08-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €19k ▲45.7%
Operating result €26k, net result €19k, both a record.
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
20-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hulshout · 1 establishment unit since 1998
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Maskensstraat 142235 HulshoutGround area
1,418 m²
Building footprint
185 m²
Volume, LiDAR
1,019 m³
Parcel 13016A0095/00W000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Maskensstraat 14, 2235 Hulshout
since 19982.088.460.082
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13016A0095/00W000 | Flanders | 1,418 m² | 1 · 185 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
SACHA
BE 0451.691.584
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ENTREPRISE DE CONSTRUCTION BENJAMIN BRUYERE
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VAN de VOORDE Peter
BE 0821.597.324
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Entreprise Steck
BE 0418.417.418
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ANTOINE FREDERIC
BE 0808.796.391
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Of 3,988 companies in sector 43310 we hold annual accounts for 1,738. 1,382 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-07-1998
Fiscal year end31-12
Activities, NACEBEL
43310Plastering work
41001General construction of residential buildings
45211
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.